- Search Energy EXCH
-
benji533 replied Sep 29, 2009I hate these things
It's like telling the market how much you order on him to give you. Or can get some traders into expectations which can have a killing effect (I mean looking at these large numbers at the end). Only the charts matter. ...james16 Chart Thread
-
benji533 replied Sep 29, 2009I didn't mean learning the hard way on a real account. I just meant to say that these C trades work almost every time if you manage them well (when I did them on demo). However, no less than A++ will be entered on real money. I made fun with the ...
james16 Chart Thread
-
benji533 replied Sep 29, 2009Hi Mike, I remember you posting once a chart of Oanda. Do you do all your charting on MT4 demo, and place the orders on Oanda as well? Ben
james16 Chart Thread
-
benji533 replied Sep 29, 2009Yep, I have weaknesses. Market offers me money, I trade also the c bars like a dumb (and successfully most of the time). It will change, I just need to get the punishment before. Many times, I need to learn the hard way - That's the only way to get ...
james16 Chart Thread
-
benji533 replied Sep 28, 2009That's what I meant when I said: "The only thing that does a bit scare me though, is a sharp move. That means there is momentum. I will prefer a consolidation down with a bit traffic, than trading against a very sharp move." You're the man Mike
...james16 Chart Thread
-
benji533 replied Sep 28, 2009Joel, Here I plaid today a "Ben-rac" trade
I have also used this chart to show what I mean by checking div on a closed line chart, and how do they look correlated. I had a very small stop on this trade. Why? Nature of breakouts - if it would ...james16 Chart Thread
-
benji533 replied Sep 28, 2009Hey atton, No! These are reserval trades. The nature of them is to have traffic in the way. I mean, if price made it's way to a certain point, you will sure see the bars it left behind it, right? Imagine you are walking on sand along the beach, then ...
james16 Chart Thread
-
benji533 replied Sep 28, 2009Had one lose today by trying to understand what Mark is doing there with his chats lol (audjpy). Full lose. Except from that it was a cool day, and here is the cherry
Benjames16 Chart Thread
-
benji533 replied Sep 28, 2009Umm...personally I do not like to combine bars. But I know Jarroo does. It feels to me like I am trying to force the market to show me what I want instead of what is there....probably a psychological thing of mine. James says the market goes 95% of ...
james16 Chart Thread
-
benji533 replied Sep 28, 2009ok ok...I don't need to think about this now
...how can I decide today about something 5 years away? I'm just not planing to learn a profession for the money...my dad has a doctorate (lung doctor), he spent years upon years studying, still ...james16 Chart Thread
-
benji533 replied Sep 28, 2009My first one had triggered. It's like playing blind pullbacks with the trend....cool
Lets see if I got you right.. Benjames16 Chart Thread
-
benji533 replied Sep 27, 2009Hey pro
Ha that was a good bet! But it seems that I have not yet figured out your trick....is this a break of a PPZ? Army can have some effect I think....college? I don't think I want|need that!! 12 years are enough. If I will learn a profession, ...james16 Chart Thread
-
benji533 replied Sep 27, 2009Here you go... rac trades... I don't like all the moving averages and fib stuff...I took from him only the concept of PPZ touches with confluence. And here again...I stick in Mike's stuff
round numbers, trend direction and div. Not always you get ...james16 Chart Thread
-
benji533 replied Sep 27, 2009You really should not! wow...I didn't really think ppl are compering me to Mike. To be honest, after I read some of Jim's posts, it was too general for me. So I spent time going into Mike's way to apply Jim's material, from his personal way. It took ...
james16 Chart Thread
-
benji533 replied Sep 27, 2009You have the answer to everything lol. lol...I'm quite bothered posting here 5min charts...but I"m planing to practice some "rac trades" (PPZ blind touches....I'll add div as well) this week on the higher TFs
Benjames16 Chart Thread
-
benji533 replied Sep 27, 2009Now I understand. Thanks for taking the time to explain. By the way, if I'm not wrong, the very old data we see on our charts isn't the real data, but a reconstruction of it (or what ever is the right word lol). So that data can be a bit less ...
james16 Chart Thread
-
benji533 replied Sep 27, 2009Thanks bro, My trailing stop got hit already
By the way, I am curious about trading gaps. I have heard this phrase before from Mike, but didn't really understand (and didn't want to bother the man...he works too much
) Are the gaps likely to ...james16 Chart Thread
-
benji533 replied Sep 27, 2009WTF was going with the AUDJPY in the last hour?! Anyone took the 5min pullback pin bar from last week?

I'm going to take full profit around 76.45 if my 2 bar stop won't get hit before. I have a feeling that this is going to be the best ...james16 Chart Thread